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$HBI 2Q15 PR: Sales for Innerwear decreased 1% to $777.61MM vs. $788.33MM in 2Q14. Activewear net sales increased 19% to $378.15MM vs. $317.81 MM in 2Q14. Direct to Consumer net sales were $101.53MM vs. $104.35MM in 2Q14. International net sales were $264.73MM vs. $131.56MM in 2Q14.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.